Business Licences in Malaysia
A business license is required prior to starting a business in Malaysia both for locals and foreigners. Doing business in Malaysia is required to comply with some form or type of licensing, such as a general licence, an industry/sector specific licence or activity specific licence. Business licences are required by the legislation and administered by various government agencies, statutory bodies and local authorities. Business licences includes registrations, approvals, licences and permits. The compliance requirements will vary by industry, business activity and location.
Business licences in Malaysia are based on requirements that can be categorized into 3 different groups (for more information please refer to our Industry Insights Section):
- General business-licences
- Sector Industry Specific business-licences
- Activity Specific business-licences
As a top Malaysian business advisory company in this niche, Pros & Cons is equipped with extensive experience in business licenses application. We can advise you on how to start up a business as a foreigner in Malaysia and apply for a range of business licenses as well as assist in business license renewal in Malaysia.
For more information regarding business licensing assistance in Malaysia, fill in the contact form.